1850-O $1 MS(PCGS#6938)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

3442

等级

XF45

价格

10,673

详细说明

1850-O Liberty Seated Silver Dollar. OC-1, the only known dies. Rarity-2. EF-45 (PCGS). This deeply and richly toned example is awash in blended charcoal and steel gray, with more vivid lilac-blue undertones. The definition is suitably bold for a lightly circulated 1850s silver dollar from the New Orleans Mint. The 1850-O is the second branch mint silver dollar, and one of only four New Orleans Mint issues in the Liberty Seated series. The 40,000 coins produced were delivered at the request of local bullion depositors, who used most of them in export trade from the bustling port of New Orleans. Many examples that were shipped to Europe returned to the United States in payment for goods, this cycle often repeating itself multiple times throughout the 1850s. While well worn survivors are available thanks to repatriations, the 1850-O is scarce in the finer circulated grades, as here, and exceedingly rare in Mint State. Q. David Bowers, 1993, stated this: "Worn examples of the 1850-O dollar are fairly plentiful today up through and including the Very Fine level. EF pieces are scarce, and AU specimens are fairly rare. The issue has always been popular, due to the O mintmark (one of just four Liberty Seated dollar varieties made in New Orleans) and due to the desirability of the 1850 date, some of which aura is transferred from the considerably rarer Philadelphia Mint coins of the same year. Over the years numismatic opinions have varied widely concerning the 1850-O, with some writers calling it a great rarity in any and all grades. Provenance: From the Midwest Cabinet. PCGS# 6938. NGC ID: 24YN. Click here for certification details from PCGS.